• Swiss CPI rose more than expected in March due to higher holidays costs

Market news

5 April 2018

Swiss CPI rose more than expected in March due to higher holidays costs

The consumer price index (CPI) rose by 0.4% in March 2018 compared with the previous month, reaching 101.5 points (December 2015=100). In comparison with the same month of the previous year, inflation stood at 0.8%. These figures were compiled by the Federal Statistical Office (FSO).

Various factors contributed to the 0.4% rise compared with the previous month, such as an increase in the price of international package holidays, air transport and hotel accommodation. However, prices fell for medicines and fuel.

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